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280 vs. 290/VR1

Old 10-14-2009 | 08:39 AM
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sl, My company will write a 290SC without any questions. But the VR1 even with stock Merc. power is a different animal in their eyes. For a 800 hp, 100 mph VR1 I would pay almost as much a year in ins. as I would in payments........ And we all know that the ins. price can change year to year.

That being said, I did get a quote from Wakezone and they were almost half the price that my agent quoted me, but still too much for me. Sure puts it in perspective. I think I will stick with my original plans of a 260 or 280!!!
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Old 10-14-2009 | 09:11 AM
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Originally Posted by sl
I think if you look at some of the high performance boat insurance agencies your chances of getting a reasonable quote are much better. I found standard company's who mainly write home owners and car insurance policy's generally don't like/want to deal with any high performance boat policy's. I have insured a 29SC with a 525, agreed speed of 80 mph for not much more than your 28 cost. Definitely pays to shop around.
You are right that if you go to an insurance company that specializes in these type of boats, you can do better.
The problem I have found with them is that you have to own a boat with a much higher (like 50K+) value to work with them. Maybe that has changed since I tried though...
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Old 10-15-2009 | 07:04 PM
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I have an 04 290SC she does 70 to 71 on gps with a 496magHO, love the boat, the VR1 with the same power is about 5mph faster I believe, but after looking at a VR1 I really like my 29sc better, I'll trade the 5mph for the room. Progressive is good if you have a good driving record.
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Old 10-15-2009 | 08:20 PM
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Markel insurance was the best deal for me , a lot of brokers offer them . National marine under writers is usally cheap if they will cover it . Worth a quick look and compare . Also should be easier if the boat is less than 10 years old .

Last edited by notda1; 10-16-2009 at 08:43 AM.
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Old 10-18-2009 | 09:44 AM
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The insurance on my 290 is in the low 600's. '05 290SC, 525 with everything and it can be had for what I owe.

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Old 10-20-2009 | 08:32 AM
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Kevin, what is the topend on GPS with the 525?
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Old 10-21-2009 | 09:12 PM
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i think Kevin told me the boat when he got it was around 80 to 82 mph
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